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My Bitcoin Friends 1733  70

Death Knight Posts: 2555 Karma: +48/-7 *********

tk[as]

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Re: My Bitcoin Friends
« Reply #30 on: January 09, 2018, 05:49:39 PM »
ETH has been rollin pretty good last week or two
"The Architect" Global Moderator Death Knight Posts: 4855 Karma: +187/-110 *****

eyyy im walkin here

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Re: My Bitcoin Friends
« Reply #31 on: January 09, 2018, 06:11:16 PM »
Quote
Shares in photo firm Eastman Kodak soared nearly 120% after it revealed plans to mint its own crypto-currency, the KodakCoin.

The US firm said it was teaming up with London-based Wenn Media Group to carry out the initial coin offering (ICO).

It is part of a blockchain-based initiative to help photographers control their image rights.

Kodak also detailed plans to install rows of Bitcoin mining rigs at its headquarters in Rochester, New York.
Quote
NEW YORK—There’s a new leader in the sweepstakes for the zaniest name change in the crypto craze.

Long Island Iced Tea Corp. shares rose as much as 289 per cent after the unprofitable Hicksville, New York-based company rebranded itself Long Blockchain Corp. It’s the latest in a near-daily phenomenon sweeping the stock market, where obscure microcap companies reorient to focus on some aspect of the mania sparked by bitcoin’s almost 1,500 per cent rally this year.

Shares in Long Blockchain jumped more than 200 per cent to $7.66 in morning trading. Over the past year, shares have traded between $1.70 and $9.49.
Quote
Hooters Franchisee Surges 41% on Cryptocurrency Rewards Program

Add Chanticleer Holdings Inc. to the list of companies racking up big stock-market gains by jumping on the cryptocurrency bandwagon.

Shares of Chanticleer, a Charlotte-based Hooters franchisee and owner of burger joints across the U.S., surged 41 percent on Tuesday after announcing plans with Mobivity Holdings Corp. to start a blockchain-based customer loyalty program with digital “Mobivity Merit” tokens. Chanticleer, whose stock is still down more than 75 percent over the past three years, was valued at $11.3 million after Tuesday’s rally.
Quote
In December, Vapetek, makers of products for electronic cigarettes, renamed itself to Nodechain and said it would start mining cryptocurrencies. Biotech company Bioptix became Riot Blockchain in October, and began investing and mining digital currencies. Rich Cigars became Intercontinental Technology last month, and pivoted to the cryptocurrency business.

bitcoin mining will definitely destroy the planet at this rate lol.  everyone trying to get in on this retarded fucking bubble and they all get an automatic kneejerk handjob for doing so
Death Knight Posts: 2555 Karma: +48/-7 *********

tk[as]

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Re: My Bitcoin Friends
« Reply #32 on: January 09, 2018, 09:05:25 PM »
And blid kills another thread...
Grunt Posts: 210 Karma: +19/-2 ***

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Re: My Bitcoin Friends
« Reply #33 on: January 10, 2018, 07:51:12 AM »
A $700 billion dollar bubble. I don't think so.
Ogre Mage Posts: 2297 Karma: +101/-8 The General ********

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Re: My Bitcoin Friends
« Reply #34 on: January 10, 2018, 09:26:47 AM »
A $700 billion dollar bubble. I don't think so.

Crypto is a bubble. That is near certainty.
"The Architect" Global Moderator Death Knight Posts: 4855 Karma: +187/-110 *****

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Re: My Bitcoin Friends
« Reply #35 on: January 10, 2018, 10:12:12 AM »
bitcoin can do something in that it can be used as a currency (with some difficulty).  but the value of it and other coins seems way more speculative, i think probably .1% of interest in coins is interest in performing with them any kind of economic transactions.  i made up the .1% obviously but is anyone in this thread interested in them because they want to use bitcoin for purchases instead of traditional currencies, or are people interested in coins solely as invwestment vehicles?  because if it's the latter, from where does its value stem and for how long can it sustain itself?
Sappers Posts: 891 Karma: +59/-0 ******

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Re: My Bitcoin Friends
« Reply #36 on: January 10, 2018, 10:15:06 AM »
A $700 billion dollar bubble. I don't think so.


..... it's predominantly people investing in something that they don't understand .... there will at some point be a "the emperor has no clothes" moment....


It's free money that comes out of the internet! People just 'mine' it from computers, it comes from nowhere - now everyone can be rich!

It's not a bubble! OMG don't say that you're just going to drive down the imaginary value we have all just ascribed to these numbers we don't understand by telling each other they they're worth something.

Of course you can invent money out of nowhere! Look we just invented SEVEN HUNDRED BILLION DOLLARS worth of value for something that doesn't actually do anything at all ..... but nobody is going to lose their house, trust me it'll all work out fine.




Are you guys actually listening to yourselves? Is there any independant brain function going on or are you just watching the pretty pictures on the television again? 

Like any bubble (or poker game)  there's money to be made by gambling in the short term, but get real: where is all this money coming from?

    Know when to hold 'em.
    Know when to fold 'em.
    Know when to walk away and
    know when to run.


                  ..... Dress it up any way you like, that's what's happening here. GL to you all, I genuinely hope you do well out of it. When the dust settles go back and read my first post  ;) Just remember: There's people much smarter and more experienced that you that are playing the same game and planning for the moment when this happens. Who's money are those people planning to end up with? YOURS ... the small investors'.

                                                                                                              :critter:
Ogre Mage Posts: 2297 Karma: +101/-8 The General ********

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Re: My Bitcoin Friends
« Reply #37 on: January 10, 2018, 10:32:29 AM »


Bitcoin became popular due to its anonymity. At one point you could buy bitcoin and it was basically untraceable. Unless someone came under heavy scrutiny it wasn't possible for bitcoin transactions to me monitored.
Many marketplaces on the darknet don't even allow bitcoin anymore because it isn't secure. If there very people who made bitcoin popular stop using it I don't see how anyone can expect it to continue to thrive.

There are lots of other crypto currencies much more secure than bitcoin but in the end none of them are investable. Buying any cryto currency for the purposes of investment is akin to gambling. Could you make money doing it? Sure. Is it a smart thing to do with hard earned money? All successful investors agree unison thats its not a smart thing to do.

Sappers Posts: 891 Karma: +59/-0 ******

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Re: My Bitcoin Friends
« Reply #38 on: January 10, 2018, 11:06:22 AM »

Bitcoin became popular due to its anonymity. At one point you could buy bitcoin and it was basically untraceable. Unless someone came under heavy scrutiny it wasn't possible for bitcoin transactions to me monitored.
Many marketplaces on the darknet don't even allow bitcoin anymore because it isn't secure. If there very people who made bitcoin popular stop using it I don't see how anyone can expect it to continue to thrive.

There are lots of other crypto currencies much more secure than bitcoin but in the end none of them are investable. Buying any cryto currency for the purposes of investment is akin to gambling. Could you make money doing it? Sure. Is it a smart thing to do with hard earned money? All successful investors agree unison thats its not a smart thing to do.

Exactly. It was a useful way to buy drugs and hire hitmen on the darkweb. That's why people started using it. But really CC's have no reason to increase in value at a greater rate than any other form of money... and what currancy increases in value? None of them. They all lose value all the time. It's called inflation. Duh.

"The Architect" Global Moderator Death Knight Posts: 4855 Karma: +187/-110 *****

eyyy im walkin here

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Re: My Bitcoin Friends
« Reply #39 on: January 10, 2018, 12:01:18 PM »
A $700 billion dollar bubble. I don't think so.


..... it's predominantly people investing in something that they don't understand .... there will at some point be a "the emperor has no clothes" moment....


It's free money that comes out of the internet! People just 'mine' it from computers, it comes from nowhere - now everyone can be rich!

It's not a bubble! OMG don't say that you're just going to drive down the imaginary value we have all just ascribed to these numbers we don't understand by telling each other they they're worth something.

Of course you can invent money out of nowhere! Look we just invented SEVEN HUNDRED BILLION DOLLARS worth of value for something that doesn't actually do anything at all ..... but nobody is going to lose their house, trust me it'll all work out fine.




Are you guys actually listening to yourselves? Is there any independant brain function going on or are you just watching the pretty pictures on the television again? 

Like any bubble (or poker game)  there's money to be made by gambling in the short term, but get real: where is all this money coming from?

    Know when to hold 'em.
    Know when to fold 'em.
    Know when to walk away and
    know when to run.


                  ..... Dress it up any way you like, that's what's happening here. GL to you all, I genuinely hope you do well out of it. When the dust settles go back and read my first post  ;) Just remember: There's people much smarter and more experienced that you that are playing the same game and planning for the moment when this happens. Who's money are those people planning to end up with? YOURS ... the small investors'.

                                                                                                              :critter:
lots of people like to collect useless action figures and keep them in the boxes and they can be expensive.  or old baseball cards.  so i guess bitcoin can have value sort of like that, although at least those things are tangible physical objects... but anyway idk if that's reason enough for it to go up 1000% and for 1000 other cryptocoins to be pushed out and also valuable and kodak to roll out a whole warehouse of mining rigs churning up energy to dig up these make believe coins
Peon Posts: 39 Karma: +1/-0 **

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Re: My Bitcoin Friends
« Reply #40 on: January 10, 2018, 12:32:52 PM »
I've been thinking of investing heavily into 'Poet Technology'. I've heard its technology is about to have a major breakthrough and once that happen I don't even think the sky is the limit.

Thoughts?
"The Architect" Global Moderator Death Knight Posts: 4855 Karma: +187/-110 *****

eyyy im walkin here

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Re: My Bitcoin Friends
« Reply #41 on: January 10, 2018, 12:53:52 PM »
hmm 21 cents canadian now, i think kith bought in at 30 cents.  guess he shouldve just gone for the fake internet dollars instead of betting on a company
Death Knight Posts: 3087 Karma: +115/-12 *********

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Re: My Bitcoin Friends
« Reply #42 on: January 10, 2018, 06:32:28 PM »
A $700 billion dollar bubble. I don't think so.

lolololol
Death Knight Posts: 3087 Karma: +115/-12 *********

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Re: My Bitcoin Friends
« Reply #43 on: January 10, 2018, 06:34:03 PM »
Can you believe these morons trying to tell me my home won't increase in value forever?
Death Knight Posts: 3087 Karma: +115/-12 *********

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Re: My Bitcoin Friends
« Reply #44 on: January 10, 2018, 06:35:25 PM »
hmm 21 cents canadian now, i think kith bought in at 30 cents.  guess he shouldve just gone for the fake internet dollars instead of betting on a company

hahahahah i completely forgot about that